Danaher Corporation Financial Ratios — DAP.DE Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	18.09	16.82	16.14	13.55	16.24	12.24	11.45	11.05	11.92	13.67	20.9	19.72	11.81	9.14	7.93
Return on Assets (%)	8.33	7.61	7.97	7.25	7.88	5.46	5.42	5.61	5.47	5.27	8.07	8.61	5.64	4.81	4.49
Return on Capital (%)	14.15	12.81	13.22	11.76	12.02	8.07	7.87	8.09	7.42	7.67	11.83	12.23	8.19	6.78	6
Return on Invested Capital (%)	10.34	10.08	9.36	6.01	5.76	6.23	6.04	6.59	5.27	5.95	8.13	9.52	6.02	5.8	5.71
Gross Margin (%)	50.82	51.56	51.1	53.23	53.84	55.29	55.23	55.75	55.74	55.98	61.44	60.76	58.74	59.5	59.11
EBITDA Margin (%)	19.8	21.55	21.72	21.47	21.08	22.88	23.77	24.83	24.89	26.95	34.07	36.29	30.84	30.22	29.05
Operating Margin (%)	15.85	16.95	17.07	15.89	14.98	16.2	16.58	17.92	18.25	18.99	25.75	28.29	21.77	20.37	19.09
Incremental Operating Margin (%)	14.79	25.11	111.45	19.86	7.48	23.4	11.95	31.54	24.83	22	85.62	62.41	84.78	2,260	-24.96
Pretax Margin (%)	15.21	16.49	18.69	16.21	14.13	15.47	16.39	17.37	18.45	20.17	26.25	26.82	21.11	19.46	17.23
Profit Margin (%)	13.5	13.1	14.74	20.19	23.26	15.13	16.06	15.55	16.79	16.36	25.94	27.06	19.94	16.33	14.71
Net Income to Common Margin (%)	13.5	13.1	14.74	20.19	23.26	15.13	16.06	15.55	16.41	15.75	25.28	26.66	19.85	16.33	14.71
Effective Tax Rate (%)	20.94	23.63	24.17	21.45	14.35	17.54	14.59	18.77	26.41	18.89	16.34	11.45	16.32	16.08	14.95
Dvd Payout Ratio (%)	3.17	3.76	2.01	13.9	20.27	41.1	17.42	18	28.89	13.65	10.94	11.44	29.21	19.7	24.39
Sustainable Growth Rate (%)	17.52	16.18	15.81	11.67	12.95	7.21	9.46	9.06	8.47	11.81	18.61	17.46	8.36	7.34	6

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	5,305	5,343	3,499	3,473	12,870	12,269	10,522	9,740	22,526	22,178	23,272	20,616	19,536	17,146	19,696
ST Debt	98	56	62	72	845	2,595	195	52	370	200	215	758	1,875	678	201
LT Debt	5,207	5,288	3,437	3,402	12,025	9,674	10,327	9,688	22,156	21,978	23,057	19,858	17,661	16,468	19,495
Total Debt/EBITDA	1.67	1.36	0.88	1.26	4.23	3.18	2.85	2.3	5.05	3.69	2.75	2.13	2.65	2.38	2.76
Net Debt/EBITDA	1.5	0.93	0.1	0.17	3.97	2.93	2.68	2.11	0.41	2.53	2.32	1.42	1.7	1.93	1.93
Total Debt/EBIT	2.08	1.73	1.12	1.7	5.95	4.49	4.09	3.19	6.89	5.24	3.64	2.74	3.76	3.53	4.2
Net Debt/EBIT	1.87	1.18	0.12	0.23	5.59	4.13	3.85	2.93	0.56	3.59	3.07	1.82	2.41	2.86	2.94
EBITDA to Interest Expense	22.5	24.98	28.12	29.18	21.77	20.95	26.33	30.9	41.28	21.84	36.58	47.39	25.76	25.95	26.93
EBITDA-CapEx/Interest Expense	20.13	22.07	24.31	24.26	18.1	17.75	22.26	26.64	35.39	18.96	31.21	41.91	20.93	20.95	22.57
EBIT to Interest Expense	18.01	19.65	22.1	21.59	15.47	14.83	18.36	22.3	30.27	15.39	27.65	36.94	18.19	17.49	17.7
Interest Expense	142	158	141	95	140	184	140	137	108	275	231	204	286	278	265
Common Equity/Total Assets	43.62	46.71	51.95	54.96	43.59	45.73	48.91	52.62	38.94	35.67	39.47	46.49	48.63	57	56.19
Long-Term Debt/Equity (%)	30.68	27.71	15.31	14.51	50.6	41.92	39.17	34.32	73.17	55.25	51.04	39.64	33.02	33.24	37.1
Long-Term Debt/Capital (%)	28.24	25.42	15.93	14.25	35.41	29.27	30.97	27.74	45.86	41.76	38.83	32.29	29.13	26.84	29.27
Long-Term Debt/Total Assets (%)	17.39	16.05	9.91	9.2	24.94	21.36	22.14	20.26	35.69	28.86	27.72	23.54	20.9	21.24	23.36
Total Debt/Equity (%)	31.26	28	15.58	14.81	54.16	53.17	39.91	34.51	74.39	55.76	51.51	41.16	36.52	34.6	37.49
Total Debt/Capital (%)	28.78	25.69	16.22	14.55	37.89	37.12	31.55	27.89	46.63	42.14	39.19	33.52	32.23	27.95	29.57
Total Debt/Total Assets (%)	17.71	16.22	10.09	9.39	26.69	27.09	22.56	20.36	36.28	29.12	27.98	24.44	23.12	22.11	23.6
Net Debt to Equity	28.09	19.2	1.71	1.99	50.83	48.99	37.51	31.72	6	38.14	43.36	27.31	23.44	28.11	26.27
Net Debt/Capital (%)	26.64	19.17	2.08	2.24	36.41	35.23	30.24	26.23	6.4	32.56	34.49	24.65	22.9	23.5	22.27
EBITDA	3,185	3,935	3,971	2,763	3,043	3,863	3,689	4,233	4,458	6,006	8,449	9,668	7,368	7,215	7,137
EBITDA-CapEx	2,851	3,477	3,433	2,298	2,530	3,274	3,118	3,649	3,822	5,215	7,209	8,550	5,985	5,823	5,981
Operating Income (Loss)	2,550	3,095	3,120	2,045	2,162	2,735	2,572	3,055	3,269	4,231	6,387	7,536	5,202	4,863	4,690

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.13	0.4	0.69	0.56	0.13	0.14	0.13	0.16	4.04	0.82	0.32	0.71	0.71	0.31	0.68
Current Ratio	1.5	1.8	2.01	1.75	1.27	0.97	1.43	1.47	5.19	1.86	1.43	1.89	1.68	1.4	1.87
Quick Ratio	0.86	1.18	1.45	1.2	0.61	0.6	0.87	0.79	4.68	1.36	0.89	1.2	1.18	0.83	1.25
CFO/Avg Current Liab	0.7	0.82	0.82	0.76	0.66	0.54	0.6	0.83	0.81	1.01	1.08	1.03	0.86	0.89	0.94
Common Equity/Total Assets	43.62	46.71	51.95	54.96	43.59	45.73	48.91	52.62	38.94	35.67	39.47	46.49	48.63	57	56.19
Long-Term Debt/Equity (%)	30.68	27.71	15.31	14.51	50.6	41.92	39.17	34.32	73.17	55.25	51.04	39.64	33.02	33.24	37.1
Long-Term Debt/Capital (%)	28.24	25.42	15.93	14.25	35.41	29.27	30.97	27.74	45.86	41.76	38.83	32.29	29.13	26.84	29.27
Long-Term Debt/Total Assets (%)	17.39	16.05	9.91	9.2	24.94	21.36	22.14	20.26	35.69	28.86	27.72	23.54	20.9	21.24	23.36
Total Debt/Equity (%)	31.26	28	15.58	14.81	54.16	53.17	39.91	34.51	74.39	55.76	51.51	41.16	36.52	34.6	37.49
Total Debt/Capital (%)	28.78	25.69	16.22	14.55	37.89	37.12	31.55	27.89	46.63	42.14	39.19	33.52	32.23	27.95	29.57
Total Debt/Total Assets (%)	17.71	16.22	10.09	9.39	26.69	27.09	22.56	20.36	36.28	29.12	27.98	24.44	23.12	22.11	23.6
CFO/Total Liabilities	20.24	24.64	29.34	27.75	15.54	15.85	17.15	20.51	12.43	17.06	21.99	24.87	23.11	23.89	20.75
CFO/CapEx	7.85	7.45	6.66	8.08	7.41	5.97	6.09	6.89	6.21	7.85	6.74	7.62	5.18	4.8	5.55
Altman's Z-Score	5.87	6	6.6	5.56	4.27	6.95	7.65	6.07	4.78	6.53	8.26	7.21	8.07	9.26	8.2

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	6.11	5.78	5.44	3.73	4.49	5.47	4.63	5.2	5.76	6.16	5.72	6.1	5.95	6.4	6.6
Days Sales Outstanding	59.76	63.14	67.07	97.83	81.31	66.71	78.88	70.13	63.39	59.26	63.84	59.82	61.3	57.02	55.34
Inventory Turnover	5.26	4.92	4.97	3.37	3.97	4.6	3.91	4.35	4.86	5	3.78	3.78	3.68	3.93	4.17
Days Inventory Outstanding	69.33	74.16	73.42	108.16	91.92	79.37	93.26	84	75.04	72.93	96.55	96.57	99.23	92.94	87.55
Accounts Payable Turnover	6.42	5.98	5.36	3.34	4.01	5.34	4.73	4.88	5.26	5.88	4.35	4.72	5.35	5.35	5.67
Accounts Payable Turnover Days	56.84	61.03	68.09	109.29	90.98	68.33	77.21	74.78	69.34	62.11	83.96	77.26	68.25	68.28	64.33
Cash Conversion Cycle	72.25	76.27	72.4	96.7	82.26	77.75	94.93	79.35	69.09	70.09	76.43	79.13	92.28	81.67	78.56
Inventory to Cash Days	-9.57	-11.03	-6.35	-10.33	-10.61	-12.66	-14.37	-13.87	-11.65	-13.67	-32.71	-36.75	-37.93	-35.92	-32.21
Inventories	1,781	1,813	1,784	1,783	1,573	1,709	1,841	1,631	1,628	2,292	2,767	2,765	2,594	2,330	2,489
Raw Materials	588	622	611	613	476	526	549	487	510	691	951	984	853	720	733
Work In Process	262	291	287	266	243	299	310	280	285	369	473	422	459	465	469
Finished Goods	931	900	886	904	855	884	982	864	833	1,232	1,343	1,359	1,282	1,145	1,287
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	25,193	26,350	36,878	41,673	44,429	47,761	57,852	56,177	97,196	140,556	205,370	170,198	170,955	167,050	163,956
- Cash & Cash Equivalents	537	1,679	3,115	3,006	791	964	630	788	19,912	6,035	2,586	5,995	5,864	2,078	4,615
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	1,600	3,268	3,268	1,668	- -	- -	- -
+ Minority/Non Controlling Interest	67	67	66	72	74	74	10	12	11	11	10	8	4	7	7
+ Total Debt	5,305	5,343	3,499	3,473	12,870	12,269	10,522	9,740	22,526	22,178	23,272	20,616	19,536	17,146	19,696
Enterprise Value	30,028	30,082	37,328	42,212	56,582	59,141	67,754	65,142	101,421	159,978	229,334	186,495	184,631	182,125	179,044
Total Capital	18,437	20,798	21,578	23,876	33,964	33,055	33,346	34,924	48,311	52,625	59,386	61,506	60,623	61,350	66,603
Total Debt/Capital (%)	28.78	25.69	16.22	14.55	37.89	37.12	31.55	27.89	46.63	42.14	39.19	33.52	32.23	27.95	29.57
Total Debt / EV	0.18	0.18	0.09	0.08	0.23	0.21	0.16	0.15	0.22	0.14	0.1	0.11	0.11	0.09	0.11
EV/Sales	1.87	1.65	2.04	3.28	3.92	3.5	4.37	3.82	5.66	7.18	9.25	7	7.73	7.63	7.29
EV/EBITDA	9.43	7.64	9.4	15.28	18.59	15.31	18.37	15.39	22.75	26.64	27.14	19.29	25.06	25.24	25.09
EV/EBIT	11.77	9.72	11.96	20.64	26.17	21.62	26.34	21.32	31.03	37.81	35.91	24.75	35.49	37.45	38.18
EV/Cash Flow to Firm	10.97	8.51	10.11	11.01	14.43	16.1	18.83	15.76	25.16	24.88	26.82	21.44	24.94	26.31	26.96
EV/Free Cash Flow to Firm	9.77	7.53	8.82	9.82	12.76	13.87	16.26	13.81	21.73	22.15	23.42	19	21.01	21.91	22.96
Diluted Market Cap	26,125	27,098	37,673	42,497	45,090	48,356	58,709	56,947	98,623	143,044	211,750	173,015	172,487	168,467	164,738
Diluted Enterprise Value	30,960	30,830	38,123	43,037	57,244	59,735	68,610	65,912	102,848	162,466	235,714	189,312	186,163	183,542	179,826
EV per Share	44.41	43.38	53.63	60.11	81.05	85.56	97.38	92.98	141.85	226.53	320.93	257.2	250.69	249.14	251.22
TTM Sales	16,090	18,260	18,283	12,867	14,434	16,882	15,519	17,049	17,911	22,284	24,802	26,643	23,890	23,875	24,568
TTM EBITDA	3,185	3,935	3,971	2,763	3,043	3,863	3,689	4,233	4,458	6,006	8,449	9,668	7,368	7,215	7,137
TTM Operating Income	2,550	3,095	3,120	2,045	2,162	2,735	2,572	3,055	3,269	4,231	6,387	7,536	5,202	4,863	4,690
TTM Cash Flow to Firm	2,738	3,535	3,692	3,833	3,922	3,674	3,597	4,133	4,031	6,431	8,551	8,700	7,403	6,921	6,641
TTM Free Cash Flow to Firm	3,073	3,994	4,230	4,298	4,434	4,263	4,168	4,717	4,667	7,222	9,791	9,818	8,786	8,313	7,797

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	8.82	7	9.14	10.06	10.45	11.76	14.5	12.36	21.5	20.44	22.06	17.95	20.18	20.85	21.76
EV/EBIT	11.77	9.72	11.96	20.64	26.17	21.62	26.34	21.32	31.03	37.81	35.91	24.75	35.49	37.45	38.18
Enterprise Value	30,028	30,082	37,328	42,212	56,582	59,141	67,754	65,142	101,421	159,978	229,334	186,495	184,631	182,125	179,044
Low Price	27.16	33.25	37.08	47.19	53.38	55.99	68.88	78.62	76.38	107.63	185.54	204.17	182.83	222.33	163.28
EV/Sales	1.87	1.65	2.04	3.28	3.92	3.5	4.37	3.82	5.66	7.18	9.25	7	7.73	7.63	7.29
EV/EBITDA	9.43	7.64	9.4	15.28	18.59	15.31	18.37	15.39	22.75	26.64	27.14	19.29	25.06	25.24	25.09
Price/Earnings	11.6	11.01	13.68	16.04	13.23	18.7	23.21	21.19	33.06	40.04	32.76	23.96	36.04	42.84	45.37
Price/Earnings Average	10.95	10.61	11.1	14.2	12.42	18	21.16	21.95	20.84	32.95	27.67	24.32	33.89	47.29	40.97
Price/Earnings High	13.21	11.46	13.68	16.09	14.15	20.23	23.44	24.66	33.33	45.17	33.73	29.75	38.98	53.11	50.75
Price/Earnings Low	8.45	9.64	9.58	12.75	11.1	15.16	19.23	20.78	18.58	21.65	21.15	20.84	28.39	41.68	32.2
Price/Book Value	1.93	1.71	2.05	2.05	2.11	2.31	2.54	2.23	4.02	5.17	6.25	4.34	4.16	3.78	3.5
Price/Book Value Average	1.82	1.65	1.66	1.81	1.98	2.22	2.31	2.31	2.54	4.26	5.28	4.4	3.91	4.17	3.16
Price/Book Value High	2.2	1.78	2.05	2.06	2.26	2.49	2.56	2.6	4.05	5.84	6.44	5.39	4.5	4.69	3.91
Price/Book Value Low	1.41	1.5	1.43	1.63	1.77	1.87	2.1	2.19	2.26	2.8	4.04	3.78	3.28	3.68	2.48
Price/Tangible Book Value	-7.54	-9.68	222.83	58.11	-5.7	-3.8	-5.54	-12.12	-25.71	-6.96	-9.29	-19.62	-19.29	-17.56	-19.46
Price/Tangible Book Value Average	-7.11	-9.33	180.79	51.44	-5.35	-3.66	-5.05	-12.55	-16.21	-5.73	-7.84	-19.91	-18.13	-19.38	-17.57
Price/Tangible Book Value High	-8.58	-10.07	222.83	58.28	-6.09	-4.11	-5.6	-14.1	-25.92	-7.85	-9.56	-24.36	-20.86	-21.76	-21.77
Price/Tangible Book Value Low	-5.49	-8.47	155.95	46.21	-4.78	-3.08	-4.59	-11.88	-14.44	-3.76	-5.99	-17.07	-15.19	-17.08	-13.81
Price/Sales	1.57	1.44	2.02	3.24	3.08	2.83	3.73	3.3	5.43	6.31	8.28	6.39	7.16	7	6.67
Price/Sales Average	1.48	1.39	1.64	2.87	2.89	2.72	3.4	3.41	3.42	5.19	6.99	6.48	6.73	7.72	6.03
Price/Sales High	1.78	1.5	2.02	3.25	3.29	3.06	3.76	3.83	5.47	7.12	8.53	7.93	7.74	8.67	7.47
Price/Sales Low	1.14	1.26	1.41	2.58	2.58	2.29	3.09	3.23	3.05	3.41	5.35	5.56	5.64	6.81	4.74
Price/Cash Flow	9.59	7.72	10.29	11.09	11.69	13.56	16.63	13.97	24.59	22.64	24.57	19.98	23.86	24.98	25.55
Price/Cash Flow Average	9.06	7.43	8.35	9.81	10.97	13.05	15.16	14.47	15.51	18.63	20.76	20.27	22.43	27.57	23.08
Price/Cash Flow High	10.93	8.03	10.29	11.12	12.5	14.67	16.79	16.25	24.79	25.54	25.3	24.81	25.81	30.96	28.59
Price/Cash Flow Low	6.99	6.75	7.2	8.82	9.8	10.99	13.78	13.7	13.82	12.24	15.86	17.38	18.8	24.3	18.14
Price/Free Cash Flow Average	8.33	6.74	7.41	8.91	9.81	11.32	13.22	12.81	13.55	16.82	18.64	18.22	18.97	23.01	19.65
Price/Free Cash Flow High	10.05	7.28	9.14	10.09	11.18	12.72	14.64	14.39	21.67	23.06	22.71	22.29	21.83	25.85	24.34
Price/Free Cash Flow Low	6.43	6.12	6.39	8	8.77	9.53	12.01	12.12	12.08	11.05	14.24	15.62	15.9	20.28	15.44
EV/Sales Average	1.78	1.59	1.66	2.91	3.73	3.4	4.04	3.94	3.66	6.06	7.96	7.09	7.3	8.35	6.64
EV/Sales High	2.08	1.71	2.04	3.29	4.13	3.73	4.4	4.36	5.71	7.99	9.49	8.54	8.31	9.31	8.08
EV/Sales Low	1.44	1.47	1.44	2.62	3.42	2.97	3.73	3.76	3.28	4.28	6.31	6.17	6.21	7.44	5.35
EV/EBITDA Average	8.98	7.4	7.65	13.55	17.7	14.84	16.98	15.86	14.69	22.49	23.37	19.55	23.67	27.64	22.86
EV/EBITDA High	10.53	7.92	9.4	15.32	19.61	16.32	18.52	17.56	22.93	29.63	27.86	23.54	26.95	30.79	27.81
EV/EBITDA Low	7.28	6.81	6.61	12.19	16.24	12.96	15.67	15.13	13.2	15.89	18.53	17	20.13	24.62	18.42
EV/EBIT Average	11.22	9.41	9.73	18.3	24.91	20.96	24.35	21.98	20.04	31.92	30.91	25.08	33.52	41.01	34.79
EV/EBIT High	13.15	10.06	11.96	20.7	27.59	23.04	26.55	24.33	31.27	42.07	36.86	30.2	38.17	45.68	42.33
EV/EBIT Low	9.1	8.65	8.42	16.47	22.86	18.31	22.48	20.97	18	22.55	24.51	21.81	28.51	36.52	28.03
Last Price	37.26	38	52.99	59.35	63.64	69.1	83.15	80.18	135.94	199.03	287.39	234.72	232.12	228.52	230.05
High Price	42.44	39.54	52.99	59.52	68.06	74.73	83.94	93.3	137.05	224.52	295.89	291.44	251.04	283.29	257.36
Enterprise Value Average	28,618	29,117	30,370	37,428	53,862	57,340	62,628	67,148	65,509	135,067	197,439	189,018	174,393	199,440	163,155
Enterprise Value High	33,531	31,151	37,328	42,336	59,663	63,032	68,307	74,332	102,214	177,979	235,408	227,623	198,563	222,163	198,507
Enterprise Value Low	23,201	26,786	26,259	33,678	49,421	50,081	57,827	64,049	58,836	95,429	156,554	164,338	148,331	177,599	131,456

Shares Outstanding	688	688	698	704	687	692	697	701	696	711	715	728	739	719	707
Diluted Weighted Avg Shares	701	713	711	716	708	700	706	710	726	719	737	737	743	737	716
Basic Weighted Avg Shares	676	693	696	702	698	691	696	701	715	706	715	725	736	731	713
Revenue per Share	23.8	26.33	26.27	18.32	20.68	24.42	22.3	24.33	25.05	31.55	34.71	36.74	32.44	32.66	34.47
EBITDA per Share	4.71	5.67	5.71	3.93	4.36	5.59	5.3	6.04	6.23	8.5	11.82	13.33	10	9.87	10.01
Operating Income per Share	3.77	4.46	4.48	2.91	3.1	3.96	3.7	4.36	4.57	5.99	8.94	10.39	7.06	6.65	6.58
Basic EPS, GAAP	3.21	3.45	3.87	3.7	4.81	3.69	3.58	3.78	4.11	4.97	8.77	9.8	6.44	5.33	5.07
Basic EPS from Cont Ops	2.86	3.32	3.72	2.33	2.5	3.12	3.12	3.43	3.4	5.16	7.62	8.73	5.73	5.33	5.05
Diluted EPS, GAAP	3.1	3.35	3.79	3.63	4.74	3.65	3.53	3.73	4.05	4.88	8.51	9.64	6.38	5.29	5.05
Diluted EPS from Cont Ops	2.76	3.22	3.64	2.29	2.47	3.08	3.08	3.39	3.35	5.07	7.39	8.58	5.68	5.29	5.03
Dividend per Share	0.09	0.12	0.07	0.32	0.51	1.28	0.54	0.62	1.05	0.87	1.04	1.13	1.69	1.05	1.23
Cash Flow per Share	3.88	4.93	5.15	5.35	5.45	5.1	5	5.74	5.53	8.79	11.7	11.75	9.73	9.15	9
Free Cash Flow per Basic Share	3.39	4.26	4.38	4.69	4.71	4.24	4.18	4.91	4.64	7.67	9.96	10.21	7.85	7.24	7.38
Cash & Equivalents per Share	0.79	2.42	4.48	4.28	1.13	1.39	0.91	1.12	27.85	8.55	3.62	8.27	7.96	2.84	6.48
Book Value per Share	19.32	22.19	25.88	28.95	30.11	29.96	32.79	35.93	33.81	38.47	45.95	54.08	55.78	60.46	65.81
Tangible Book Value per Share	-4.94	-3.93	0.24	1.02	-11.17	-18.18	-15	-6.62	-5.29	-28.59	-30.95	-11.96	-12.04	-13.02	-11.82

Danaher Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)